Tuesday, June 16, 2009

Just a few days ago, we posted a piece about a survey from MilesLink that said most credit card users (in their poll) strongly preferred frequent flyer miles as rewards. We tended to disagree, noting that we felt miles seldom offer the most value. A recent article by finance columnist Liz Weston quotes a J.D. Power survey about which cards and card companies users were “happiest” with. American Express was at the top of the list and HSBC at the bottom, echoing our sentiments.

Similarly, the card users in the survey strongly favored hotel rewards as the best, followed by cash back – again, our feelings and recommendations exactly. (One small but shocking tidbit in the article noted that J.D. Power said that, on average, 10% of consumers reported having problems with their account in the previous year.)

Travel rewards, annual fees, award reductions, changes in terms are rampant in today’s credit-card environment. We’ll continue to follow and comment on the latest news, especially as it relates to travel and rewards cards

Disclosure:

We write this blog for fun. We offer our honest opinions and commentary about the topics we choose to discuss.

Although the world runs on “grease,” none seems to flow our direction – no free trips, no free products. We have received invitations from a couple of hotels to visit their properties, but have not yet done so. Should we ever accept any freebies, and subsequently write about that company/product/destination, we will disclose that information in our review. Our review will still carry our honest opinion – positive, negative, or neutral.

Secondly, we are not part of any affiliate marketing program. We get no compensation from referrals if we write positively about an airline (however unlikely that would be), destination, product, or service. We get no revenue from any link to any site we refer to anywhere in our writing.

Lastly, we have no control over ads that Google posts on our site. We don’t even know the content of those ads, as they change frequently and at random. To be honest, we don’t even look at what’s being advertised.